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CITY OF PLEASANTON <br /> INVESTMENT CONFORMITY ANALYSIS <br /> AS OF DECEMBER 31, 2009 <br /> COMPLIANCE WITH STATE LAW AND INVESTMENT POLICY: <br /> As December 31, 2009, all investments in the portfolio are authorized by State of California <br /> Government Section 53600 et. Seq. and the City's investment policy. <br /> SECURITIES RATED BELOW "AA <br /> None <br /> MONTHLY INVESTMENT DECISIONS (excluding LAIF and money market funds): <br /> Purchases: <br /> Issuer Par Value Maturity Coupon Yield <br /> Date <br /> Federal Home Loan Bank 2,000,000 03/09/12 5.00% 1.00% <br /> U.S. Treasury Note 7,342,000 08/15/10 4.12% 0.22% <br /> Maturities/Redemptions: <br /> Issuer Par Value Maturity Coupon Yield <br /> Date <br /> Federal Natl. Mortgage Assn. 2,000,000 12/28/09 0.78% 0.79% <br /> Federal Home Loan Bank 2,000,000 12/30/09 1.70% 1.70% <br /> Federal Home Loan Bank <br /> Discount Note 1,000,000 12/30/09 0.59% 0.59% <br /> CURRENT INVESTMENT STRATEGY: <br /> As interest rates have declined significantly, Pleasanton has currently shortened the investment <br /> term on new investment purchases. This strategy will allow the City to reinvest more cash when <br /> interest rates start to rise again. The City continues to invest in a mix of government agency and <br /> treasury securities as excess cash is available. <br />